Commodities

Nymex Overview : Futures Lower as Holiday Volumes Come Into Full Effect -- OPIS

Petroleum futures were down across the board, but the market hasn't yet reached the lows seen in trading late last week. Most of the movements Monday are likely the market flowing with other asset...

China to promote modernization of farms in pledge to stabilise grain output

China will accelerate the pace of agricultural and rural modernization and stabilise grain planting area in its quest to ensure stable and high production of grains, state media reported on Wednesday,...

Foda: More People Will Drill for Gas Than Oil

Brent crude was steady today after lackluster economic data from China raised concerns about demand from the world's biggest oil importer. Sherif Foda, NESR chairman and chief executive officer,...

Bleak times for copper smelters as conversion fees slump: Andy Home

LONDON -An unprecedented collapse in conversion fees spells hard times for the global copper smelting sector.  The benchmark smelter treatment charges for next year have been set by...

Mali arrests, Niger site seizure rattle Western miners

The arrest of mining executives in Mali, threats by Burkina Faso's junta to strip permits and the seizure of a French-run uranium site in Niger have unsettled Western miners operating in West Africa...

Gold extends gain on China's vow for policy stimulus

Gold prices extended gains on Tuesday, buoyed by top consumer China's pledge to ramp up policy stimulus to help spur economic growth, with investors awaiting U.S. inflation data for further insights...

Gold heads for second weekly fall; focus on US payrolls data

Gold prices edged higher on Friday but headed for a second straight week of decline, while market participants braced for the U.S. payrolls data that is expected to provide cues on the interest rate...

Gold flat as investors await US payrolls data

Gold prices were little changed on Thursday as investors awaited U.S. payrolls data that is expected to provide more insights into the Federal Reserve's monetary policy path. Spot gold...

Gold steady; all eyes on US jobs data, Fed Chair's speech

Gold prices steadied on Wednesday as markets awaited U.S. jobs data and comments from Federal Reserve Chair Jerome Powell for further insights into the U.S. interest rate cut trajectory. ...

Gold holds steady; key US jobs data in focus

Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could provide insights into the Federal Reserve's interest rate path. ...

Trump's low oil price promise is a risk and a boon for emerging markets

Donald Trump has promised to drill, baby, drill to halve energy costs, a plan that sends shivers through the governments of emerging market oil producers anxious about dollar earnings and fills poorer...

Diseases reduce sugar beet yields in Hesse and Rhineland-Palatinate

Farmers in Hesse and Rhineland-Palatinate fear the further spread of two diseases in sugar beet and other crops. The diseases are caused by bacteria that are transmitted by the so-called reed...

Gold gains on softer US dollar, geopolitical concerns; set for weekly fall

Gold prices rose on Friday, helped by a slight dip in the U.S. dollar and growing geopolitical tension, but remained on track for a weekly decline as markets awaited key U.S. data for further insights...

Gold trades in tight range ahead of US inflation data

Gold prices flitted within a narrow range on Wednesday as investors awaited key U.S. inflation data for insights into the potential scale of a Federal Reserve rate cut next month. Spot...

Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila

U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if President-elect Donald Trump follows through on plans to slap tariffs on goods...

US oil producers unlikely to shift to 'drill, baby, drill' mode, says Exxon executive

LONDON - U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon...

Commodities: Oil stalled between boos and oversupply

Each week, our commodities overview offers a snapshot of the latest happenings in the commodities markets. It's your go-to source for understanding the price shifts in energy, metals, and agricultural...

Gold prices hold steady after Trump's tariff pledge

Gold prices held steady on Tuesday after a 3% drop in the previous session, supported by increased safe-haven demand following President-elect Donald Trump's pledge to impose tariffs on all imports...

Gold demand tepid in India, other Asian hubs as prices rebound

Physical gold premiums slipped in India on a pull-back in demand this week as rising local prices prompted jewellers and retail buyers to stay on the sidelines, while demand for bullion in top...